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3 Strong Retail Stocks to Buy for Bad Times

The high inflation and the Fed’s aggressive rate hikes have eroded consumer confidence. However, the retail industry is witnessing stable growth despite the macro headwinds. Therefore, fundamentally strong retail stocks, Kroger (KR), Albertsons Companies (ACI), and Casey’s General Stores (CASY), could be valuable additions to your portfolio now. Keep reading….

StockNews.com · Nov 14, 2022

1 Retail Stock That Should See a Boost This Holiday Season

Retail stock Costco Wholesale (COST) has gained 10% over the past month. The upcoming holiday season could further boost the stock. Moreover, it has a reliable dividend-paying record. Let's discuss this in detail….

StockNews.com · Nov 11, 2022

2 Consumer Staples Stocks That Have Continued to Grow in This Tough Market

In the face of soaring inflation and repeated rate hikes, benchmark indices have witnessed an apparent freefall in 2022. However, investor sentiment toward consumer staples stocks remains intact. Therefore, fundamentally sound consumer staples stocks Casey's General Stores (CASY) and Ingles Markets (IMKTA) could be ideal buys in a challenging market.…

StockNews.com · Nov 2, 2022

5 Stocks Investors Can Count on in a Bear Market

The stock market is expected to remain under pressure as the Fed continues its hawkish stance to fight inflation. Moreover, the International Monetary Fund has recently warned of elevated global financial stability risk. We think fundamentally solid stocks UnitedHealth Group (UNH), Walmart (WMT), AbbVie (ABBV), Coca-Cola Company (KO), and Dollar…

StockNews.com · Oct 12, 2022

1 Stock with an Excellent Track Record to Buy Now

Leading grocery retailer Kroger (KR) reported robust second-quarter financials and raised its full-year guidance. The company’s diversified business model positions it well to stay resilient during the current uncertain market conditions. Moreover, the company has increased its quarterly dividends by 12.9% CAGR over the past five years. Thus, we think…

StockNews.com · Sep 19, 2022

4 Stocks to Buy in the Hottest Sector Right Now

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

StockNews.com · Aug 30, 2022

3 Stocks That Still Deliver Gains In Inflationary Times

The economy witnessed a slight relaxation in inflation last month, but it is still running near 40-year highs. Amid such an inflationary scenario, grocery/big box retailers tend to hold up well due to stable consumer demand for their products. So, you could consider investing in BJ’s Wholesale Club Holdings (BJ),…

StockNews.com · Aug 22, 2022

Is It Worth Adding Kroger Stock to Your Portfolio Right Now?

Kroger (KR) recently raised its dividend payout rate by more than 23%. Moreover, Wall Street analysts are bullish on the stock’s near-term prospects. However, will it be wise to add KR to your portfolio now, given the lingering macro headwinds? Keep reading to find out….

StockNews.com · Aug 18, 2022

Is Costco Stock Worth Its Hefty Price Tag?

Costco Wholesale (COST) is currently trading just 10.9% below its 52-week high and possesses further upside potential, according to Wall Street. The stock closed the last trading session at $545.75. However, is it worth investing in COST at this hefty price level? Let’s find out….

StockNews.com · Aug 16, 2022

BJ's vs. Big Lots — Which Retailer Stock Does Wall Street Prefer?

Although rising input costs and supply shortages have been troubling traditional retailers, resilient consumer spending and a healthy job market should allow them to stay afloat. Therefore, discount retailers BJ’s (BJ) and Big Lots (BIG) could be on investors’ radars. But which of these stocks is a better choice for…

StockNews.com · Jul 21, 2022